The Supreme Court on Monday sought response from the Kerala Government on pleas by Kochi's Maradu flat owners, whose apartments were recently demolished for being constructed in violation of coastal regulation zone norms, seeking setting up of a tribunal for exact valuation of the land.
A bench of justices Arun Mishra and Indira Banerjee issued notice to the Kerala Government on the application filed by the flat owners, who sought exact valuation of their property.
Senior advocate PS Patwalia, appearing for some flat owners, said a retired apex court judge should be appointed as a tribunal judge for assessing the exact valuation of the property.
He said otherwise they will be at the receiving end for not being able to get the price, which they have paid to the builders of the apartment.
Senior advocate Dushyant Dave, also appearing for another set of flat owners, sought a similar relief and said that a tribunal should be appointed to assess their loss.
Senior advocate Gopal Sankaranarayanan, appearing for some home buyers, said on the apex court directive they have been paid an interim compensation of Rs 25, lakh but the exact value was much more and they need to be paid more for the loss.